today is volatile day with FOMC minutes and rate cut in prospect, as well last night news about planning weekend meeting between China and USA representative to discuss trade deals. I guess it moves on those news. Not much of prospect for NAT gas from deals. Even though china stopped all imports they imports were very very small, and should not have any effect on USA exports.
Nevertheless, NAT Gas now in golden pivot point on fib, which has bottom area at 3.67 soon to be reached with 200 MA on 30 min. and top level of 4.15.
Trend so far on 30 Min looks bullish but still weak. It might go to 4.15 after retesting 200 MA, most likely this scenario.
Another option it will beak 200MA on 30 min and will start move down to 3.28. less likely in my opinion, by looking at tech and news info.
nevertheless consolidation for know and revisit of 3.68 area for final trend decision.
Nevertheless, NAT Gas now in golden pivot point on fib, which has bottom area at 3.67 soon to be reached with 200 MA on 30 min. and top level of 4.15.
Trend so far on 30 Min looks bullish but still weak. It might go to 4.15 after retesting 200 MA, most likely this scenario.
Another option it will beak 200MA on 30 min and will start move down to 3.28. less likely in my opinion, by looking at tech and news info.
nevertheless consolidation for know and revisit of 3.68 area for final trend decision.
